Grid Change To Inventory from 2010 to 2024

GDYN Stock  USD 20.53  0.11  0.54%   
Grid Dynamics Change To Inventory yearly trend continues to be very stable with very little volatility. Change To Inventory is likely to grow to about 964.8 K this year. Change To Inventory is the increase or decrease in the amount of inventory Grid Dynamics Holdings has over a certain period. View All Fundamentals
 
Change To Inventory  
First Reported
2010-12-31
Previous Quarter
918.9 K
Current Value
964.8 K
Quarterly Volatility
3.2 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Grid Dynamics financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Grid Dynamics' main balance sheet or income statement drivers, such as Tax Provision of 10 M, Depreciation And Amortization of 12.7 M or Interest Expense of 1.1 M, as well as many indicators such as Price To Sales Ratio of 5.57, Dividend Yield of 0.006 or PTB Ratio of 2.49. Grid financial statements analysis is a perfect complement when working with Grid Dynamics Valuation or Volatility modules.
  
Check out the analysis of Grid Dynamics Correlation against competitors.

Latest Grid Dynamics' Change To Inventory Growth Pattern

Below is the plot of the Change To Inventory of Grid Dynamics Holdings over the last few years. It is the increase or decrease in the amount of inventory a company has over a certain period. Grid Dynamics' Change To Inventory historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Grid Dynamics' overall financial position and show how it may be relating to other accounts over time.
Change To Inventory10 Years Trend
Slightly volatile
   Change To Inventory   
       Timeline  

Grid Change To Inventory Regression Statistics

Arithmetic Mean(2,953,091)
Geometric Mean2,665,145
Coefficient Of Variation(107.34)
Mean Deviation2,941,770
Median(5,711,000)
Standard Deviation3,169,870
Sample Variance10T
Range7M
R-Value0.90
Mean Square Error2.1T
R-Squared0.81
Slope636,424
Total Sum of Squares140.7T

Grid Change To Inventory History

2024964.8 K
2023918.9 K
2021799 K
20201.3 M
2018-1.7 M

About Grid Dynamics Financial Statements

Grid Dynamics investors utilize fundamental indicators, such as Change To Inventory, to predict how Grid Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Change To Inventory918.9 K964.8 K
When determining whether Grid Dynamics Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Grid Dynamics' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Grid Dynamics Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Grid Dynamics Holdings Stock:
Check out the analysis of Grid Dynamics Correlation against competitors.
You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
Is Internet Services & Infrastructure space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Grid Dynamics. If investors know Grid will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Grid Dynamics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
4.582
Earnings Share
0.03
Revenue Per Share
4.304
Quarterly Revenue Growth
0.129
Return On Assets
(0.0004)
The market value of Grid Dynamics Holdings is measured differently than its book value, which is the value of Grid that is recorded on the company's balance sheet. Investors also form their own opinion of Grid Dynamics' value that differs from its market value or its book value, called intrinsic value, which is Grid Dynamics' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Grid Dynamics' market value can be influenced by many factors that don't directly affect Grid Dynamics' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Grid Dynamics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Grid Dynamics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Grid Dynamics' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.